Minnesota Masters in Business Administration (MBA) Hybrid Programs
While the traditional Masters in Business Administration (MBA) is perhaps the most spotlighted Masters Degree in Business, there is a very broad assortment of Masters in Business Programs to choose from. With the current competitive marketplace, candidates with a graduate Business degree, whether a Masters in Business Administration, Management and Leadership, Finance, Taxation, Marketing or Accounting stand to have better job prospects. Often, students learn valuable skills that transfer to a wide variety of potential careers from analyst roles to consulting to entrepreneurship, and more.
Hybrid MBA and Masters in Business Programs Overview
Hybrid MBA Degrees and other Masters in Business graduate degrees offer students a flexible and low-residency learning format. Some programs offer part-time options that may be particularly appealing to the working professional. Hybrid programs typically combine the convenience of online study with some on-campus courses. Students therefore have an opportunity to study independently as well as have some interaction with their classmates and professors. Plus, being on a college campus gives you access to their facilities, such as libraries, laboratories, student services and even fitness programs. Remember to verify whether or not the school is accredited.
What Types of Masters in Business Degrees are there?
Masters in Business Degrees encompass Accounting, e-commerce, Economics, Healthcare Administration, Organizational Leadership, Sports Management, Technology Management and Human Resources Management amongst many others that prospective students can search for on the GradSchools.com directory. In fact, once you have found a subject, you can then search by location to find out where Hybrid Masters in Business programs are offered. Some of the main Business Masters programs include the MBA, the Masters in Finance,
Masters in Organizational Leadership and the Master of Accountancy.
FUN FACT: For chief executives, those with an advanced degree and extensive managerial experience will have the best job prospects.[i]
The Master of Business Administration (MBA) is essentially a Masters in Management degree. The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources and operations in a manner most relevant to management analysis and business strategy. Most MBA programs also include elective courses, and may take between one and two years to complete. Often students focus their MBA on a particular area such as Healthcare Administration or Marketing, to name a few
The Masters in Organizational Leadership Degree is a Business graduate program that focuses on contemporary and current and up-and-coming leadership theories, best practices, skills, and tools used to enable organizational innovation, creativity, and change in complex work environments, the Master of Science in Organizational Leadership is designed to prepare graduate students to assume leadership roles in business, educational, governmental, military, and not-for-profit organizations.
Masters in Accounting offer business students in this field, the opportunity to study financial planning, market forecasting, corporate finance and business taxation risk exposure, tax policy, securities law, and auditing and financial management
Masters in Finance programs train students to work as a financial analyst or managers by providing an in-depth understanding of market conditions and the causes of such conditions.
Career trends For MBA and Masters in Business Programs Graduates
Generally, executives and operations managers only need a bachelor's degree. However, to qualify for a chief executive position you need an MBA or other Master’s degree specific to the industry. Management jobs usually require MAcc, MBA, or similar graduate degrees.
According to the Bureau of Labor Statistics, employment of chief executives is projected to grow 6% between 2014 and 2024[ii] compared to a 17% employment growth for Medical and Health Services Managers[iii], 11% for Accountants[iv] and 12% for Financial Analysts[v].
Ready to Pursue an MBA or Other Masters in Business Degree?
Whereas an MBA offers broad-based skills, other Masters in Business programs are tailored to students who are deeply interested in a specific subject. The hybrid learning format may be particularly appealing to you if you want to commit to your education but need a learning format that allows you to balance other factors that are pulling at your schedule. Start reviewing your options on GradSchools.com today!
Sources: [i] bls.gov/ooh/management/top-executives.htm | [ii] bls.gov/ooh/management/top-executives.htm | [iii] bls.gov/ooh/management/medical-and-health-services-managers.htm | [iv] bls.gov/ooh/business-and-financial/accountants-and-auditors.htm | [v] bls.gov/ooh/business-and-financial/financial-analysts.htm
- Duluth, MNDuluth, MN
College of St. Scholastica
The Master of Arts in Management program seeks to prepare managers who can lead change initiatives within their organizations,...